Forum > View Topic
by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
How about widening spreads on Portugal and Greece debts, as debt issue resurface yet again and oil prices coming off recent highs. Interesting to note that Webers yet more hawkish comments not resulting in bounce in Euro, as markets can't reconcilie his hawkishness with the reality that a hike is not just inappropriate but could be disastrous for the region.
However Eur still in uptrend technically speaking, but going long now is dangerous!
Subway: great call on short from 1.4
Kam
Any idea why Eur/Usd and Silver have dropped off. I feel the Euro is still going to go up and so is Silver. Guess what...I'm long on both
And besides hiking rate does not bring for ex. oil price down not even a cent. These are subject to mutually independent market variables.